This is...shocking. He was the poster child for higher pay and benefits today he is accused of several counts of sexual misconduct and abuse….it’s the business news headlines for Friday the 19th day of August, thanks for being with us everybody. Also, remember that you can hook up with us all day on Twitter @IOB_NewsHour and on Instagram. Here's what we've got for you today:
He raised wages for employees to $70K a year
Cut his own pay by 90% and now he's in big trouble.
Kohls is not doing well...at all;
Wall Street had a lousy day;
All State Insurance is raising rates;
McDonald's is importing a fan favorite from the UK